New South Wales Repealed Regulations

This legislation has been repealed.

ELECTION FUNDING REGULATION 1999 - REG 19

19 Ledger

(1) The ledger must contain particulars of all political contributions received and electoral expenditure incurred.

(2) The particulars must, if taken in conjunction with other particulars in the receipt book, cash book or books and journal, be sufficient to identify the transaction in respect of which the political contribution was received or the electoral expenditure incurred.

(3) Each entry in the cash book or books relating to a political contribution received or an electoral expenditure incurred must be posted as soon as practicable to the appropriate account in the ledger.

(4) Against each entry in the ledger account there must be recorded:

(a) a reference to the folio of the cash book from which the entry is posted, or

(b) if the cash book is kept on the loose-leaf principle, a reference to the receipt number or cheque number.

(5) Each entry in the journal relating to a political contribution received or an electoral expenditure incurred must be posted as soon as practicable to the appropriate account in the ledger.

(6) There must be recorded against each entry in the ledger account a reference to the folio of the journal from which the entry is posted, preceded by the letter “J”.

(7) At the end of each month, each account in the ledger must be balanced and the balance (if any) must be carried forward to the commencement of the next month.